HSBC Bank Australia Limited, previously known as Hong Kong Bank of Australia Limited, got its license in 1986. But, it has been established way before as HSBC Finance Company Limited in 1965. It is a subsidiary of HSBC Group, which has its global head office in London and has more than 6,600 offices in around 80 countries.
HSBC Bank Australia is one of the leading international banks in Australia and offers a wide range of banking products and services to retail, commercial, corporate and institutional sectors. The company offers trade finance, treasury and financial planning, payments and cash management and securities custody services to its corporate customers. It provides savings, transactional, foreign currency accounts, home loans, credit cards, personal loans, insurance, investment and financial banking services to its retail customers. It also offers many other custom services that include business accounts, working capital solutions, trade and supply chain services, internet banking and phone banking services.
The company serves its customers through its 37 branches and offices across Australia. The HSBC Australia head office is located in Sydney. The bank is expected to open many new branches in Australia in the coming years.
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